The Central Bank of the Philippines published preliminary data showing Gross International Reserves (GIR) increased to USD 109.7 billion at end-October 2025 from USD 109.1 billion at end-September 2025. At end-October, the GIR level was equivalent to 7.3 months’ worth of imports of goods and payments of services and primary income, and covered around 3.7 times the country’s short-term external debt on a residual maturity basis. The central bank noted GIR comprise foreign-denominated securities, foreign exchange, and other assets including gold, and serve as a buffer for external liquidity needs.
Central Bank of the Philippines 2025-11-07
Central Bank of the Philippines reports Gross International Reserves up to USD 109.7 billion at end-October 2025
The Central Bank of the Philippines reported an increase in Gross International Reserves (GIR) to USD 109.7 billion at end-October 2025, up from USD 109.1 billion at end-September 2025. The GIR level covers 7.3 months of imports and 3.7 times the short-term external debt. These reserves include foreign-denominated securities, foreign exchange, and gold, serving as a buffer for external liquidity needs.